Vision 2030

VISION 2030

New Benefits to Offset Reform Costs for Average Saudi Household, Merrill Lynch Says

Deputy Crown Prince Mohammed bin Salman.
The average Saudi household will be sheltered from tough economic reforms by new royal grants and household allowance disbursements, a report on the Saudi economy by Bank of America Merrill Lynch (BofAML) said.

RENEWABLE ENERGY

ACWA Power Wins First Utility-Scale Solar Energy Project in Saudi Arabia

solar-panels-944002_1280
Saudi Arabia has announced that ACWA Power, the Saudi power generation and desalination company, has won the contract for the first utility scale solar power project in Saudi Arabia with a record-breaking tariff of 2.34 US-cents per kilowatt-hour, according to reports.

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